However, our opinions are our own. See how we rate tax products to write unbiased product reviews. FICA stands for the Federal Insurance Contributions Act. It's the law that requires employers to ...

If you work for an employer, you will see FICA taxes among several types of taxes withheld from you on your pay stub. Here's a look at what the FICA tax is and how it is calculated. FICA stands ...

If you have further questions about items such as FICA tax rate as it relates either state or federal taxes, be sure to consult with a tax professional.

FICA is a true “payroll tax,” as both employers and employees contribute. Social Security tax The Social Security tax rate is a flat rate of 12.4%. Employers and employees split this 12.4% ...

What is the Social Security tax (aka FICA) rate? The FICA tax rate is 7.65% for employees and the employer match. Self-employed individuals pay the full 15.30%. The rates are broken down as follows: 6 ...

Federal Insurance Contribution Act (FICA) Taxes are United States federal payroll taxes levied to fund the Social Security and Medicare system. FICA Taxes burdens are divided between employers and ...

there are also FICA deductions, social security taxes, and you might have to pay state and local taxes, depending on where you live. Each state has its own tax brackets and rates, so how much of ...